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Lead Compensation Analyst

2 months ago

Oakland, California, United States PG&E Corporation Full time

Requisition ID: Not specified

Job Category: Human Resources

Job Level: Individual Contributor

Business Unit: Human Resources & Enterprise Change Ofc

Work Type: Hybrid

Job Location: Not specified

Department Overview

The People department is dedicated to equipping PG&E employees with essential tools, information, and services to ensure the delivery of safe and reliable gas and electric services to our customers. The Compensation team is responsible for the planning, design, and implementation of PG&E's employee and executive compensation programs, which enhance competitive value and align with key business objectives. This team manages all compensation plans, proposes necessary changes, ensures compliance with regulations, and integrates effectively with HR. The team comprises two components: Executive Compensation and Broad-Based Compensation.

Position Summary

The Senior Compensation Analyst will oversee the daily administrative functions related to the company's executive compensation plans, including equity compensation programs, deferred compensation, and non-qualified retirement plans. This role also involves supporting various external filings. A keen attention to detail, strong analytical and problem-solving skills, and the ability to adapt to shifting demands and priorities are essential. Interaction with employee populations up to the Chief level requires professionalism and discretion while delivering excellent customer service.

Join our collaborative team where support and teamwork are fundamental to our success. As a Senior Compensation Analyst, you will gain valuable insights into strategic decisions made at the highest levels of our organization. You will play a vital role in enhancing the participant experience by leading the development of innovative training and educational materials. Furthermore, you will contribute to the launch of an interactive participant portal aimed at improving engagement and accessibility. This position presents a unique opportunity to influence strategic direction and make a significant impact on participant interactions with our services.

The role is hybrid, primarily working from a remote office with in-person attendance based on business needs. The headquarters location is flexible within the PG&E service territory.

Salary Information

PG&E is providing a salary range that reflects the company's good faith belief regarding compensation for this position at the time of posting. This range is specific to the job's locality. Actual salary will depend on various factors, including specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. While we estimate that the successful candidate will be placed between the entry point and the midpoint of the range, the final decision will be made on a case-by-case basis considering these factors. This position is also eligible for PG&E's discretionary incentive compensation programs.

Salary Range:

Bay Area Minimum: $102,000.00

Bay Area Maximum: $152,000.00

-Or-

California Minimum: $97,000.00

California Maximum: $144,000.00

Job Responsibilities

  • Ongoing Administration of Executive Compensation Programs: Lead the daily management of the company's equity compensation program, deferred compensation, and non-qualified retirement plans, including relevant tax implications. Additionally, oversee vendor performance by tracking metrics and resolving data issues for continuous improvement. Ensure the adequacy of internal controls and proper accounting to support the accuracy of reported information. Build strong relationships with key stakeholders, including HRBPs, Benefits, Accounting, and Legal.
  • Annual Pay Planning: Manage the annual pay planning process for officers, ensuring the accuracy of information and fostering strong partnerships with HRBPs throughout the process.
  • Communication and Education: Serve as the primary contact for coworkers, financial planners, and retirees with inquiries related to these programs. Assist in developing communication and educational materials to promote understanding of PG&E's executive compensation plans.
  • Reporting, Legal & Regulatory Compliance: Support compliance with various legal and regulatory requirements (including SEC, NYSE, CPUC, and IRS) concerning PG&E's Executive Compensation Programs by drafting relevant information for various filings such as the annual proxy CD&A, annual 77M filing, prospectus disclosures, and 10-Q and 10-K filings. Additionally, assist with monthly financial reporting of executive compensation programs.

Qualifications

Minimum:

  • Bachelor's degree in Business Administration, Finance, Human Resources, Industrial Organizational Psychology, or a related field, or equivalent work experience.
  • 4 years of relevant experience in Human Resources, Business Administration, or data analysis.

Desired:

  • Experience in Executive Compensation Administration, including Annual Pay Planning.
  • Advanced degree in a relevant discipline (e.g., business administration, finance, human resources, industrial organizational psychology).
  • Certified Compensation Professional (CCP) designation.
  • Experience with internal controls.